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Payment terminal and payment means performing payment based on payment token and operating method thereof

Pending Publication Date: 2022-07-07
SAMSUNG ELECTRONICS CO LTD
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

This patent is about a way to make a payment terminal that is less vulnerable to a type of hacking called relay attack. The technical effect is to increase the efficiency and security of the payment terminal.

Problems solved by technology

When transactions are processed by a payment terminal through a contact-communication method, payments are carried out through verification of a personal identification number (PIN) of a card holder, whereas when a noncontact communication method is used for transactions, a payment limit is set as a small amount, and payments are approved without verification of PIN, which however, renders the payments vulnerable to a relay attack.

Method used

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  • Payment terminal and payment means performing payment based on payment token and operating method thereof
  • Payment terminal and payment means performing payment based on payment token and operating method thereof
  • Payment terminal and payment means performing payment based on payment token and operating method thereof

Examples

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Embodiment Construction

[0025]Hereinafter, embodiments will be described in detail with reference to the attached drawings.

[0026]As is traditional in the field, embodiments may be described and illustrated in terms of blocks which carry out a described function or functions. These blocks, which may be referred to herein as units or modules or the like, or by names such as driver, controller, device, or the like, may be physically implemented by analog or digital circuits such as logic gates, integrated circuits, microprocessors, microcontrollers, memory circuits, passive electronic components, active electronic components, optical components, hardwired circuits, or the like, and may be driven by firmware and software. The circuits may, for example, be embodied in one or more semiconductor chips, or on substrate supports such as printed circuit boards and the like. Circuits included in a block may be implemented by dedicated hardware, or by a processor (e.g., one or more programmed microprocessors and assoc...

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PUM

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Abstract

An operating method of a payment terminal configured to perform a payment, including outputting a payment request command and a first payment token; receiving, from at least one payment information generator, a second payment token generated in response to the payment request command; and based on a determination the first payment token corresponds to the second payment token, outputting payment approval information

Description

CROSS-REFERENCE TO RELATED APPLICATION[0001]This application is based on and claims priority under 35 U. S.C. § 119 to Korean Patent Application No. 10-2021-0001468, filed on Jan. 6, 2021, in the Korean Intellectual Property Office, the disclosure of which is incorporated by reference herein in its entirety.BACKGROUND1. Field[0002]The disclosure relates to a payment terminal, and an operating method thereof, and more particularly, to a payment terminal configured to perform a payment based on correspondence between payment tokens, and an operating method thereof.2. Description of Related Art[0003]Due to the rapid development of integrated circuit (IC) technologies, various payment methods using smart cards or smartphone terminals have been widely used. Moreover, payment methods have gradually expanded to include non-contact communication transactions for user convenience. When transactions are processed by a payment terminal through a contact-communication method, payments are carri...

Claims

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Application Information

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IPC IPC(8): G06Q20/38G06Q20/40G06Q20/06
CPCG06Q20/38215G06Q20/065G06Q20/401G06Q20/3829G06Q20/4097G06Q20/3278G06Q20/327G06Q20/382G06Q20/204G06Q20/40H04L9/3213H04L2209/56
Inventor LEE, JEEHYOUNG
Owner SAMSUNG ELECTRONICS CO LTD